Collected Basic Income Studies Show People Given Unrestricted Handouts Spend Less, Not More, On Alcohol And Tobacco

Collected Basic Income Studies Show People Given Unrestricted Handouts Spend Less, Not More, On Alcohol And Tobacco

The conversation on basic income is heating up as we careen toward a post-work world, and World Bank researchers David Evans and Anna Popova collected 19 different studies from across the world in an attempt to determine how free money impacts the purchase of so-called “temptation goods.”

The results surprised even them.

According to a report from Business Insider , Evans, who has spent years studying “cash transfers” – direct infusions of money to the poor – agreed with the conventional wisdom that, rather than putting that money to its intended use, it would, as a report from the Overseas Development […]

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